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Value Managers on Why the Strategy Has Underperformed

In part two of our three-part special report on value investing, our analysts share insights gleaned from fund manager interviews.

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This article originally appeared in Morningstar Direct Cloud and Morningstar Office Cloud.

September's reprieve aside, it has been a tough slog for money managers who stick to a value investing strategy, especially those with a deep-value approach.

Tom Lauricella does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.